You Can’t Eat Gold.

You can’t eat gold.

I’m absolutely speechless at the ignorance and brainwashing of the masses. There was article on the front page of yahoo about gold and its new highs it hit yesterday. It’s not the article that blows my mind but the comment replies of the typical American about the article. Those stating “gold is in a bubble and its going to pop soon” or “what good is gold, you can’t eat it.” Well you can’t eat worthless fiat paper either so where’s your argument? Gold has been the means of wealth for 6,000 years. Its only been recently the MSM has discounted it as worthless or a relic and they are faitaly wrong.

Here is the article I’m referring too

news.yahoo.com...

With all the craziness going on in the world today I still can’t believe people still hold their full faith in a fiat paper that has an inflation rate of 11.1% right now if you calculate it in the terms used in 1994.

And those still arguing you can’t eat gold, well true you can’t and food will be worth more than gold when SHTF. But I’m willing to bet those investing in gold already have a stockpile of food and are finding avenues to preserve the rest of their wealth.This isn’t absolutes where you can only invest in one, gold, and not the other, food. These people are thinking long term just like any other investor. The 10-20 years after the SHTF and markets reemerge; they’re going to be the wealthiest of them all.


Hope you have a Great Day!

You got it man!

Survival strategy = Gold, Guns, and Grub

reply to post by camaro68ss

You can’t eat gold.

LIES.

Goldschläger is a Swiss cinnamon schnapps (43.5% alcohol by volume or 87 proof; originally it was 53.5% alcohol or 107 proof), a liqueur with very thin, yet visible flakes of gold leaf floating in it.

Source

Not sure if you can survive on a diet of gold, but you certainly can eat it

True, but as a unit of exchange,it will be the last (except maybe for sex) before murder becomes the means to acquire....

So, if you can afford it, it is s smart move of self-preservation IF the end days come. There will always be fools early on at that time to give you some of their stock of food. It is a gamble, of course, as to when Hell might come. Food, even canned food doesn't last forever. Gold will be scattered around when we are long gone. Then, it will be worthless of course.
(I don''t own or sell gold.)

reply to post by camaro68ss

S&F
The fact that the gold price now is at $1600 must be a clear indicator that something is terribly wrong in the world economy, but we all know that in any event.

I do not invest in gold, but I transferred all my savings to gold and silver in order to protect the value of my savings. I do not expect to make a profit with my gold and silver, but most probably, within 20 years from now, I will be able to exchange my gold for a similar value it is today. With paper money, I am almost 100% sure that my money will be worth a lot less than it is today.

Sure, food is valuable, but unfortunately it does not make sense to stock up on food for, let's say a period of 20 years. That's why I stock up on gold - in 20 years time, I most probably will be able to buy (exchange) food with my gold at relatively the same value as it is today.

.....and if my gold is worth nothing, then at least I've got a couple of nice shiny and durable coins, that can be passed down to my grandchildren, in memory of their grandfather's failed efforts to protect the value of his savings.

Gold will become more valuable as there is no other substance that conducts electricity with such ease. We have many new uses for gold. It is here to stay and eating it will cure some arthritis.

reply to post by phishyblankwaters

Ahahahaha... I was thinking of something similar, gold flakes:
[atsimg]http://files.abovetopsecret.com/images/member/c29eb598c060.jpg[/atsimg]

Know what else gold is used for??

To shield electronic devices from electromagnetic radiation, such as in satellites and space shuttles....

Price of gold is "supposedly" based on supply and demand... so for the price to be as high as it is, can't JUST be from the demand, there is also likely a dwindling supply... perhaps there is some other reason for the gold demand that we don't know about? Is the government buying it all up to harden certain things?

Just a different perspective on this.... hope I stirred the pot a bit....

~Namaste

reply to post by SonOfTheLawOfOne


Lets not forget that gold plated tungsten filled bars are being found all over the world, in banks, some of which came directly from the US of A.

reply to post by phishyblankwaters

I used to work at a B&B and they served a chocolate mousse with gold leaf on top...

It was kinda gross though..

Originally posted by Ysterlong
reply to post by camaro68ss

 

Sure, food is valuable, but unfortunately it does not make sense to stock up on food for, let's say a period of 20 years. That's why I stock up on gold - in 20 years time, I most probably will be able to buy (exchange) food with my gold at relatively the same value as it is today.

edit on 19-7-2011 by Ysterlong because: (no reason given)

When im making the argument of "stocking up on food" i guess i should had said seeds as well. You cant have a supply of canned food for 20 years but if you have the means of growing food you can eat forever, depending on weather of course.

My Lead/steel jacketed trumps Gold.

I agree. and boooo to fiat notes. When shtf food and water will be more valueble. People can invest in food, everyone has some spare soil somewhere. lol. When shtf you will be the wealthiest of all. That's one thing I don't get everyone wants to get all rebel but noone wants to talk about real survival. Grow your garden and collect precious metals and stones. When it all goes down, that is the only thing to trade with, oh yeah and kindness and the offering of services too, but I heard that rare element has little value today .

**and weather isn't that much of an issue, we have a way of creating a healthy environment for plant life, and its evident humans withstood more or perhaps the same in a 'shtf' scenario. They stored and grew food for a very long time within the pyramids. If they can do it with stone and nature we can do it with stone, technology, and nature
I just want to shed some light in a different direction for a sec.

Gold is over 1600 an ounce because it has very unique properties. I thought the op was trying to convey a different point....But I understand your approach. Gold will always have a high value, and THIS HAS NOTHING TO DO WITH ELECTRICITY, since it is a known fact Silver conducts the most heat and electricity. It has a variety of 'magical' properties. The ancients who seem to be more advance than the neanders of today, used it for all sorts of things including a source of immortality. Some may go off the deep end without any knowledge of history what so ever. But dig a bit before you try to 'debunk' or discredit someone.

The ancients knew how to created a system which created monoatomic gold. This turned gold into a ]fine-white powder that would vanish, and dissolve into fingertips when 'modern' scientist got there scummy hands on it. Some was found untouched in a tomb in the middle east and in Kemet(egypt), when they returned to do research on it, if I'm not mistaken there was something like a gram left. When they weighed its valued changed, and it would have a negative weight!!!!!! It doesn't respond to the force commonly known as gravity as it should!!!!!???
Sounds crazy but its true. Search for this and I promise you will find that I am relaying facts not my opinion.

Phaoroh's (sp) supposedly ate this powder. The gold is suppose to allow the body to operate on a higher vibration resulting in: no disease, no ailments, no confusion. Death is result of misuse of the body, and 'dis-ease'. So these guys did live the ages that are STATED in the glyphs. One more fact I would like to share, in Exodus they were worshiping a calf of gold and they were told to melt the gold down and eat it with their bread. Many glyph's show this also.
Some alchemist used there entire life to try to convert anything to gold, or to search for the 'philosopher's stone' which is said to be a ]fine-white stone or powder that gives immortality???

People laugh at this fact but, Silver will be worth more than gold one day because of its properties and its relationship with technology and the direction were going.
Knowledge is power. Peace to all. and sorry for sp and grammar.

reply to post by AKINOFTHEFIRSSTARS


wow, i did not know that. thats cool, im going to have to look into it. thanks for the info

Gold and precious metals should be the last thing on anyone's preper list. Great to have like the OP said for 10 years after the SHTF but not so good for the immediate event.

I personally have very little in liquidity having paid cash for a 40 acre farm and 40 head of dairy cattle. I also have about 20 dairy goats 8 horses, 3 steer, 40-50 chickens, 10 ducks, 10 geese and several cats and dogs. I can breed and sell them all as well. I think that my wealth will be in my land and the livestock. Current market value of a Holstein in milk prime age is 2500 - 3k. My bull is a champion registered at 6k.

If SHTF and I lose electricity I will have to trade off a good number of the herd but since people with kids will need milk likely I can get good trades for them. I 'd really hate to cull the girls but I certainly can't milk them all without machines with me and the family. I'd hate to have to eat them but would if I couldn't trade them off. I can grow enough hay to sustain myself so I guess I have enough fodder it’s just the milking that would be impossible.

I have plenty of guns and ammo as well and am reasonably remote enough to be off the lines of natural drift so I think I can with my neighbors protect our operations. I personally haven't gotten around to gold/silver at this time I think I can end up with a lot for the livestock after trading starts.

I did mortgage 100 acres close to the farm and take possession this fall I guess if the banks fail and all control and access will be 9/10ths of the law at that point.

reply to post by camaro68ss


Absolutely, buy gold! Me and Glenn Beck both think it will go even higher
so lets squeeze every last dime out of this bubble.
Just kidding. You might be right but we used to think people needed houses too.
And they are always going to need houses. The best laid plans...

Gold is great when you get forced underground
it becomes a coveted source of light for it's reflective properties.
Walls are lined with it and the streets are paved with it.
Looking forward to that...oh wait, that's not underground...that's heaven.
That's supposed to be above us but wouldn't that be heavy?
Sounds more like something we'd find underground...
wait, wait...

Where are we again?

reply to post by camaro68ss


Sure you can. You can eat anything that fits down your throat. Teeth damage probable and you will get ill.
I suggest something softer, like a warm tortilla.

CJ

You can most certainly eat gold. Gold in its most pure form, mono atomic gold also known as golden ormus. Not only can you eat it, but it will rewire you make you better stronger smarter and increase longevity big time. Many civilizations have done so, look way back in history and you will be amazed at what you can learn about it. Moses and all in the exodus did enjoy the benifits of doing so. The Sumerians and Egyptions as well. Everyone should be having them some fine cakes made from magnificent Gold ormus.

reply to post by camaro68ss


Perhaps some of their ads were from those gold exchange places? many of these tactics to seperate people from their gold today are ruthless and stupid to boot, but it is working I guess as they dont seem to be slowing down.

gold did have it's forecasted downturn during the month of June...
i used my grand of stash to buy small ammounts weekly & more...

so when it shot up to $1600. in hours i made (am still adding to my profits) some money that will counter the inflation we are getting.

I need to buy anothr $500 worth before december '11...to be ahead even more
(over the life of my meger investment portfilio my worth has grown by 4 fold.)


an adage i read on some article concerning a fiat USD being devalued to 5¢ anytime after 2012
was the retort that You Can't Eat Gold is...I can eat what my gold buys


Ber4nanke says Gold isn't 'money' in his Q/A with Ron Paul... but the Chinese citizens are buying up
personal stashes of gold, the Swiss are solidly going to make 25% gold backed Francs or whatever their coinage is. All the BRIC nations are buying gold...I think Bernanke and Geithner are pulling a fast one on the markets of the world with their (false) distain for Gold or PM in general....


with some $200. Trillion of fancy derivatives hanging over our collective heads... which are fully backed by the full faith and intent of the FED/Treas---(with yours & mine tax dollars)...i ask these casino players ? Can you eat Toxic Paper?..
answer NO... but having a dark pool of $200-400 Trillion can only be had with both fiat money/fractional banking and the normally illegal act of issuing 'bonds' with nothing or less to back up the value of the derivative 'bond' or as some say 'insurance policy' or 'bet'....



so, in essence... the Investment Banks (JPM/MS/GS come to mind) that create derivatives are in a round-about method... printing money... creating wealth out of thin air... which Congress authorized only the Federal Reserve the right to do.